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प्रश्न
The demand curve is generally ______.
विकल्प
downward sloping
upward sloping
horizontal parallel to the X-axis
vertical parallel to the Y-axis
उत्तर
The demand curve is generally downward sloping.
Explanation:
The demand curve is generally downward sloping. This reflects the law of demand, which states that, all else being equal, as the price of a good decreases, the quantity demanded increases, and vice versa. This negative relationship between price and quantity demanded results in a downward-sloping demand curve.
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संबंधित प्रश्न
The market demand curve is a ______ summation of all Individual demand curves:
Assertion (A): If the income of a consumer increases, other things constant, the demand curve for a normal goods shifts to the right.
Reason (R): As income increases, the demand curve for an inferior good shifts to the left.
Assertion (A): Demand curve is downward sloping.
Reason (R): Demand curve slopes downwards from left to the right because price and quantity demanded are inversely related.
What does the demand curve given below show?
Explain the following diagram:
Give two reasons for the shift of the demand curve towards the right.
In 2002, the prices of gold nearly tripled. yet, as the price of gold rose its sales too increased. Does this mean that the demand curve for gold is upward sloping? Justify your answer.
Draw a demand curve on the basis of the following data.
| Price per unit (₹) | 2 | 3 | 4 | 5 | 6 | 7 |
| Quantity demanded (Units) | 1000 | 800 | 700 | 600 | 500 | 200 |
With the help of a diagram, show how a market demand curve can be obtained from individual demand curves.
Briefly explain any three determinants for the negative slope of the demand curve.
